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Top Metaverse Crypto Projects Metacade (MCADE) and Decentraland (MANA) Price Predictions for February

One thing is becoming clear: legacy gaming titles won’t be able to match metaverse crypto projects in the future. The combination of advanced gaming experiences with integrated financial rewards is nothing short of revolutionary and has led to some bullish price predictions for top projects in the space.

The Metacade (MCADE) and Decentraland (MANA) price predictions are looking excellent for 2023. The question is, is the MCADE or MANA price prediction going to push higher?

Some of the best investment opportunities around right now are metaverse gaming projects

The top metaverse crypto tokens have made serious gains over recent years. Decentraland (MANA) rose over 200x from its launch date to its all-time high (ATH) in 2021. Now, a brand-new metaverse crypto called Metacade, which is in its earliest stage of investment, looks ready to make a similar move in the coming years.

The MANA price prediction is starting to look more bullish, as the wider cryptocurrency market begins its recovery from a long-term bearish trend. This trend saw the MANA price prediction fall significantly, with the MANA token losing 90% of its value from its ATH.

In contrast, Metacade looks extremely bullish over the coming months. The MCADE token recently launched its presale event, which has attracted over $4.5m worth of investment in an extremely short space of time.

MCADE is now looking ripe to produce major gains following the end of its token presale – but just how high could it go? Will it be able to flip MANA to become one of the most valuable metaverse crypto projects in Web3?

What is Decentraland (MANA)?

Decentraland is a vast virtual reality metaverse that allows users to buy and sell digital real estate. The parcels of land that can be purchased in Decentraland are fully customizable, meaning users can create any kind of digital experience they please within the virtual reality map.

Decentraland has become a leading metaverse crypto project due to its focus on user-generated content (UGC). The world has been divided into districts, allowing anyone to access a vast range of different experiences including Las Vegas-style gambling, NFT art galleries, and play-to-earn games.

Decentraland Price Prediction 2023: Will MANA reach $2?

The MANA price prediction is forecasting a trend reversal over the coming months. While MANA has found itself way below the $1 mark after a significant price drop, the MANA price prediction places the $2 resistance level as a key price target for the year.

What is Metacade (MCADE)?

Metacade is setting itself up to become the most exciting on-chain arcade. It is a metaverse crypto platform that will offer a growing range of thrilling play-to-earn experiences, alongside compelling earning mechanics that could make the platform extremely popular with Web3 users.

A key aim of the Metacade project, which is entirely community-driven, is to become a buzzing, social hub for all gamers and crypto enthusiasts. It aims to reward loyal content creators, connect users with job opportunities, and fund the future of blockchain gaming directly over the course of its development.

Without a doubt, Metacade has some incredible potential for future growth. As a comprehensive metaverse crypto platform that utilizes blockchain technology, it is well-positioned to deliver improved user experiences compared to the current gaming industry – a sector in dire need of a shakeup.

How does MCADE work?

Metacade will offer both casual and competitive gaming experiences to its users. Users will be able to play solo, progress through levels, and try to beat the arcade’s high scores, or even join paid entry tournaments for the chance to win generous MCADE prizes.

Furthermore, Metacade has an advanced incentive structure to create an industry-leading hub for GameFi alpha. Users will be able to earn MCADE tokens in exchange for simply sharing their insights, posting game reviews, and interacting with other users, with content creators being directly rewarded for their contributions.

For users looking to kickstart a career in Web3, Metacade’s Work2Earn feature will provide an invaluable service. From 2024 onwards, Metacade will incorporate a crypto jobs board for full-time job adverts. Prior to this, the project will also aim to offer part-time gig work and game testing opportunities where users can earn an income paid in crypto.

Metacade Price Prediction 2023: Will MCADE reach $1?

Metacade’s unique set of features makes it a well-defined and comprehensive metaverse crypto platform. It offers a broader set of services than the vast majority of GameFi projects, and this has led many to speculate that it could become a top 3 metaverse through market capitalization.

2023, then, looks like the year that MCADE starts to take off. The Metacade platform will be launched to the general public, the presale will be completed, and the MCADE token will be made available on exchanges. With that in mind, MCADE could post 50x gains and rapidly hit the $1 mark.

MCADE vs MANA price prediction: Which will grow more?

While the MANA price prediction has been bullish over recent years, it looks unlikely to overcome the expected surge for MCADE. The MANA price prediction forecasts 4x gains for Decentraland, while MCADE is expected to produce 50x returns at least.

Over time, Metacade could rival the top metaverse crypto projects around. To get involved, head over to the Metacade website and buy as many MCADE tokens as possible before the end of the presale. The price is set to rise from $0.008 to $0.02 during Metacade’s presale, and experts expect it to go up to $0.20 during 2023.

You can participate in the Metacade presale here.

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Celsius publishes list of those eligible for withdrawals

  • Celsius Network is currently going through the Chapter 11 bankruptcy process.
  • Celsius received approval to process certain customer withdrawals last week.
  • Those eligible to withdraw are those who deposited after the lender filed for bankruptcy.

Days after US Bankruptcy Court for the Southern District allowed Celsius Network to return funds transferred to the platform after the company filed for Chapter 11 bankruptcy in July 2022, the crypto lender has now published a list of those eligible for withdrawals.

Besides publishing the list, Celsius has emphasized that eligible creditors will be required to first update their accounts with KYC and AML data before being allowed to proceed with withdrawals.

The full list of those eligible to withdraw

It is worth noting that Celsius Network halted withdrawals in June 2022 before proceeding to file for bankruptcy in July. Creditors have since been waiting for a chance to withdraw their funds from the platform and it seems it is just a matter of time now.

On January 31, the crypto lender released an official update about the upcoming withdrawals and provided a list of those who will be eligible to withdraw funds. Most importantly, those eligible will only be allowed to withdraw about 94% of the eligible custody assets.

The court is expected to make a decision on whether the users will be able to withdraw the remaining 6% of their assets later.

Celsius also noted that eligible users must have sufficient assets to cater for the transaction and gas fees. It wrote:

“Eligible users who do not have sufficient assets in their accounts to satisfy these fees will not be permitted to withdraw their assets.”

Celsius laid out how it intends to carry out the entire withdrawal process in a 1,411-page court filing that contains the full names of those eligible for withdrawals alongside the type and amount of assets they had deposited with Celsius.

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Immutable X unveils Immutable Passport, a non-custodial wallet for web3 gamers

  • The Immutable Passport is designed to operate as an all-in-one solution for Web3 gamers.
  • The aim of launching the passport is to eliminate Web3 onboarding hurdles.
  • Immutable Passport is expected to become parallel to the other web3 gaming systems.

Leading Web3 games developer platform Immutable X has unveiled the Immutable Passport, an all-in-one solution for onboarding gamers into Web3. The news has had an insignificant impact on the price of the ImmutableX (IMX) token which had only gained about 1% in the last 24 hours at press time.

Immutable X announced the launch via a tweet sharing its initiative to develop the passport, which is designed as an all-in-one non-custodial wallet.

Seamless onboarding into Web3

As a gamer starting out in Web3 couple be complicated at times especially because it involves the use of cryptocurrencies which will require one to create a crypto wallet. In most cases, the process of creating and managing cryptocurrency wallets is quite involved.

However, with the introduction of the new Immutable Passport, Immutable X will offer an “all-in-one wallet, gamer profile, and authentication solution” for Web3 gamers which will make it quite easy to get started. Gamers will not have to hop from one platform to another for various services like a crypto wallet.

In addition to being a one-stop platform, Immutable X claims that the passport’s main features are security, ease of onboarding, and compliance with the necessary laws. The passport will help Web3 gaming studios to drive adoption throughout the mainstream web3 gaming space.

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HSBC is now ready to venture into the crypto market

  • HSBC posted crypto-related job openings on its career page today.
  • Peers have already launched crypto products in recent years.
  • Shares of the largest European bank ended slightly down on Tuesday.

HSBC Holdings plc was in focus today on reports that the largest European bank was now ready to venture into cryptocurrencies.

HSBC posts crypto-related job openings

On Tuesday, HSBC listed a job opening on its career page confirming that it was looking for a “Product Director” to supervise tokenization use cases.

According to the financial behemoth, the rapidly evolving crypto landscape has necessitated that the bank develops a footprint in this market.

Because digital assets is a new topic and strategic & risk appetite considerations are evolving quickly, Head of Tokenization will be required to make complex business and project decisions that contribute to a high value, strategic initiative.

Shares of HSBC Holdings plc that are up more than 15% year-to-date ended slightly in the red today.

HSBC is joining the likes of JPMorgan Chase

The British multinational isn’t the only one in big banks that’s considering dipping its toe in the crypto market. Peers, including JPMorgan Chase & Co have already launched crypto-related products in recent years.

HSBC Holdings plc is currently looking for a suitable candidate to fill in the role of Product Manager for digital assets as well, which suggests that it wants to offer a broad set of services within the crypto niche.

That’s quite a change of pace for the universal bank that’s been vocal against the cryptocurrencies and raised questions on their sustainability. Just months ago, its CEO Noel Quinn was reported saying that HSBC will not rush into cryptocurrencies.

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Syntropy (NOIA) price: Analyst shares outlook after token gains 168%

  • NOIA is the native token of Syntropy, a distributed routing protocol for the Internet.
  • The token’s price surged 168% from its December lows and one analyst says bulls are likely to aim for more.
  • Sentiment is bullish for Syntropy ahead of its public network launch.

Cryptocurrencies are looking to end January on a winning note, with most digital assets rocking huge gains in a month that saw Bitcoin break above $23,000.

On 31 July, the total crypto market capitalization was above $1 trillion, helped by Bitcoin’s market cap rising to $446 billion to account for a market dominance of 40.9%. A similar upside trend has been observed across altcoins, led by Ethereum’s breakout from lows of $1,200 at the beginning of the month.

Analyst says NOIA could do another 2x

Perhaps notable is the bullish sentiment for Syntropy that has been increasing since the team updated the token’s circulating supply schedule and as the platform edges closer to its public launch.

While tokens like Aptos and dYdX continue to outperform, crypto analyst Rekt Capital is pointing to one other coin that could benefit from the recent bull run.

According to the crypto trader, Syntropy (NOIA) is likely to do a 2x if it holds a crucial price level on the monthly close. In a tweet early Tuesday, the highly respected analyst noted that NOIA’s 168% rally from its lows in December has the Syntropy token at a crucial area.

“NOIA enjoyed a +168% rally from December’s lows & is now approaching a crucial area. If NOIA is able to turn the green box top (~$0.068) into support on Monthly Close, Syntropy could be well-positioned for another 2x rally,” he suggested.

Syntropy (NOIA) price prediction chart. Source: Rekt Capital on Twitter.If bulls hold the highlighted price zone ($0.068), Rekt Capital sees a 135% or more rally towards $0.15. That could open up the NOIA price for a potential retest of its all-time high price near $0.20. However, a negative flip could see bears push for $0.030 or even target $0.020.

The Syntropy token was changing hands around $0.065 early afternoon on Tuesday, up 2.3% in the past 24 hours and 32% higher this past week.

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